LMS Market by Component (Services and Solutions), User Type (Academic and Corporate), Delivery Mode (Instructor-Led Training, Distance Learning, and Blended Learning), Region, and Deployment Type – 2022 to 2027


The LMS market size is expected to reach USD 26.4 billion by 2024, growing at a CAGR of 19.23% during the forecast period. The increasing adoption of digital learning, growing inclination toward Bring Your Own Device (BYOD) policy and enterprise mobility, extensive government initiatives for the growth of LMS are expected to drive the growth of market.